You’ve heard us say that mortgage rates are at record lows, but the records have been broken again!The newswires are abuzz with stories about this new record low. We’ve assembled some of the highlights for you.
Quicken Loans Inc., the nation’s largest online home lender, and among the top-five overall retail lenders in the country, reported its largest monthly closed volume [...]
After initially opening lower, mortgage bonds are currently flat to yesterday’s close. Today’s weekly initial unemployment claims report was released this morning. The expectation was no change at 445k following last week’s -11k drop. The actual number rose to 462k. Weekly claims, however, were expected to be lower by -12k to 4.45 million. The actual number declined more than expected to 4.399 million.
2010 walk represents Association’s 25th year in the fight against Lou Gehrig’s Disease Scottsdale, Ariz. – Oct. 13, 2010 – Quicken Loans Inc., the nation’s [...]
In our weekly video blog, Watch-It Wednesday, Bob Walters explains when to lock your mortgage rate.
Treasury and mortgage prices are weaker today as equities look to be off to a strong start and after yesterday’s disappointing 3-year T-note auction. The Treasury will auction $21 billion in 10-year T-notes today. The hope is that investors will find longer term yields more attractive than the 3-year T-notes.
Ok. I realize this isn’t the “traditional” mortgage news we usually write about here at Quicken Loans. In fact, it’s not mortgage news at all. [...]
The market will be analyzing the September 21st FOMC meeting minutes in search for any signs that they will follow through on recent hints of a second round of quantitative easing. Additionally, the Treasury will begin this week’s $66 billion auction package with the sale of $32 billion in 3 year T-notes.
Mortgage rates continue to fall to historic lows. Have you taken advantage of one of the best times in history to buy a home or refinance your mortgage?
Last week, Bizdom U and CEO, Ross Saunders were featured in Inc. Magazine’s “Five Reason’s to Start a Business in Detroit.” “Detroit needed to decrease [...]